Latest News & Analysis
Saks Global CEO Marc Metrick Steps Down
Executive chairman Richard Baker has been named his successor.
The Best of BoF 2025: What People Bought in 2025
From over-the-top accessories to slimmed-down shoes, consumers’ 2025 purchasing habits were driven by a desire for individuality.
The Best of BoF 2025: Conglomerates, Controversy and Consolidation
The beauty industry's M&A machine roared back into action in 2025, with no shortage of blockbuster sales and surprise consolidation. It was also a year with no shortage of flashpoint moments or controversial characters, reflecting the wider fractious social media and political climate.
The Best of BoF 2025: Deals, Deals, Deals
After a year of stagnancy, the beauty deals pipeline unfroze in 2025, with some of the buzziest brands finding new homes in blockbuster deals.
Apple Reportedly Cuts Production of Vision Pro Headset After Poor Sales
The company had hoped the virtual reality device would herald a new era in ‘spatial computing’.
The Best of BoF 2025: All’s Well That Spends Well
From members clubs and longevity tech to supplements and wearables, wellness remained a premium offering for high-income consumers in 2025.
Saks Global Prepares for Bankruptcy After Missing Debt Payment
The retailer is in talks with its creditors to secure financing after missing a debt payment tied to its Neiman Marcus acquisition, as reported by The Wall Street Journal.
Saks Skips Bond Payment Amid Talks With Creditors
The cash-strapped retailer missed an interest payment to bondholders totaling more than $100 million.
Jacqueline de Ribes, ‘Last Queen of Paris,’ Has Died
The French aristocrat, designer and muse to Yves Saint Laurent and Valentino Garavani was an enduring symbol of Parisian sophistication and elegance.
The Best of BoF 2025: Setting the Tone
Beauty marketing was a mixed back this year, as brands and retailers asserted themselves among rabid Gen Alpha shoppers, tackled new AI search engines and tried to remain relevant in the most competitive market of all time.
LK Bennett Files to Appoint Administrators
The fashion brand appears to be heading for collapse for the second time in six years after filing an application with the high court on Tuesday to appoint an administrator to the business.
China Unveils Initial $9 Billion in Consumer Subsidies for 2026
China will provide nearly $9 billion to subsidise its consumer goods trade-in drive next year, extending a stimulus program aimed at shoring up domestic demand and countering external headwinds.